Founded in 2016, Crypto.com is a veteran in the fast-moving crypto space. Crypto.com is perfect for any type of investor.
Crypto.com (legally known as MCO Malta DAX Limited) had its origin in 2016 with a joint effort of Gary Or, Rafael Melo, Kris Marszalek, and Bobby Bao. Located in Sai Wan (Hong Kong), the company has raised more than $26.7 million. Today, Crypto.com is a reputable platform for cryptocurrency exchange.
Crypto.com is a cryptocurrency exchange platform where you can sell/buy cryptocurrencies. Moreover, you store your assets securely and use your crypto balance for your daily purchases. You can easily manage your cryptocurrencies using the mobile app and desktop platform.
Presently, Crypto.com has over 2 million users in different countries. The headquarters of the company is in Hong Kong. However, its offices are present in several countries.
Crypto.com also has its native currency, and you can earn interest on your holdings. Read the review and learn about its services and products. You can then sign up with this cryptocurrency exchange.
Supported cryptocurrencies
At Crypto.com, you can deal with more than 100 cryptocurrencies. But, not all of them are available for users in different countries. The US users can use only 60 of them.
It is very easy to register with the platform Crypto.com.
Visit the official site crypto.com/exchange. Click the button- Sign Up.
You will find this form on your screen. You have to fill it with the essential information.
After clicking on the create account button, you will receive a confirmation message in your email. Crypto.com will check your country of origin and date of birth to ensure your eligibility.
Check your email and enter the OTP password to confirm registration. Create a strong password for your new account and press the Submit button.
However, you have to go through the ID and phone number verification process to use the dashboard for crypto trading. Submit the scanned documents and undergo the verification process.
Now, you can reach the landing page and use different features of the platform.
The exchange deals with multiple currencies including USD, EUR, AUD, CAD, BRL and many more.
Crypto.com is presently available in several countries, including the USA, Canada, Europe, Australia, Latin American countries, Russia, and Asian countries.
The first-time Crypto.com users always like to ensure that the platform is safe for their use. Two strongest security measures include the anti-phishing system and the multi-factor authentication process. Moreover, you can secure your account with biometric technology, password, phone verification, authenticator verification, and email verification.
Crypto.com has paid high attention to security, and it has partnered with reliable security firms. Furthermore, it relies on the bug detection program, Hacker One to check out weaknesses.
Up to $360 million, your assets are insured against theft and damage.
Crypto.com and Ledger have made a partnership to store your digital currencies in their cold storage. When your account is in U.S. dollars, your assets are FDIC insured.
Crypto.com is the perfect choice when
The Crypto.com team has tried its best to distinguish its platform from other crypto exchanges. In most cases, you pay low fees for the service. Moreover, Crypto.com offers different attractive incentives to help you in increasing your savings. It stimulates you to be an active cryptocurrency trader in the exchange.
You may need to pay the fees based on the type of trading and services you have chosen. Check out some more details for Crypto.com users.
The most notable fact about this cryptocurrency exchange is that it offers several incentives to its users. It creates a tier-based fee schedule based on the frequency of trading. For instance, you will get a deposit bonus of 2% for your crypto deposits. Furthermore, you will get discounts on your margin rates and trading fees.
CRO is the native cryptocurrency of Crypto.com. You can pay for services and goods using the Wallet App of this exchange. You may also receive payments from others in this currency.
Crypto.com has tried to make its platform unique, as it makes the cryptocurrency usable for real world issues. You may have found crypto owners highly restricted against the transfer of coins to some other investors.
However, as a Crypto.com user, you have a chance of using cryptocurrency to purchase services and physical goods. You can load your crypto onto the Visa cards of the platform. But, when your chosen merchant does not accept your crypto payment, you can convert your currency fiat money. Crypto.com has automated the process.
By locking your coins for a particular period, you will earn interest. But, your interest rates will vary with the chosen period for staking coins. You will receive the interest in the coin and not in fiat currency.
You may also access the Crypto Earn feature to earn interest. This feature is not for users from Malta, Switzerland, and Hong Kong SAR. The payout for interest earnings will be available every week.
As the stacked coin remains locked for the chosen term, its price will not be a concern. You can set the term for 1 to 3 months, and the longer terms will let you receive high interest. You will enjoy higher rates by staking more than 50,000 CRO.
There are 5 prepaid Visa Cards offered by Crypto.com. You may use them for any platform accepting Visa. However, make sure that you have topped them up before investing money. You will get better benefits by staking more CRO.
The top-rated Obsidian card gives you a chance of availing 8% cashback and several other bonus offers. To be eligible for this offer, you must stake at least 5,000,000 CRO.
When you do not have a high amount of cash, you can choose a Midnight Blue card (no stake) that pays 1% cashback on your deals.
Another option available for you is the Ruby Steel card that gives 2% cashback. You do not need to pay an annual fee.
At Crypto.com, you will find multiple card tiers. In every tier, you will receive a CRO reward amount. It is based on the CRO amount staked on your chosen card. The company will give you a reward based on how much you have spent using your card. Moreover, you will get credit on subscriptions, like Amazon Prime and Spotify.
You can deposit your fund using any of these modes-
You do not need to pay an additional amount for your deposits. Crypto.com has not set any limit to your deposit. However, there is no option for making fiat deposits.
At Crypto.com, the withdrawal is an on-chain transaction to transfer crypto to any other external cryptocurrency address. Like other blockchain transactions, you need to pay a fee. Based on the chosen currency, you will find differences in the withdrawal fees.
Crypo.com has launched an intuitive app offering a range of products. You can trade, buy, sell, earn, and pay bills with your digital currencies. Several users like to use the platform from the app. You do not need special skills to manage your digital assets using the app.
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Privacy issues
On July 7th, 2021 UFC announced that they had signed a $175 million deal over 10 years. This is the first deal of its kind and crypto.com is the official crypto exchange of the UFC. The branded assets debuted on 10th July during UFC 264, which was headlined by the trilogy fight between Dustin Poirier and Conor McGregor.
As a fully regulated platform, Crypto.com has gained a high reputation among cryptocurrency investors. It has complied with risk-prevention rules and financial regulations. You cannot use its services anonymously. The Hong Kong-based cryptocurrency company has become popular within a short time. Lower fees, incentive programs, and strict safety measures are some reasons for choosing Crypto.com. You can create your account and take advantage of its features.
| Founded | 2016 |
|---|---|
| Official website | www.crypto.com |
| Supported currencies | 60+ |
| Customer support URL | https://help.crypto.com/en |
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Crypto.com has their headquarters in HongKong
The exchange is one of the best and has a partnership with the UFC. It is as safe as it gets.